I’ve heard mixed reviews from owners: some say it’s an unnecessary expense, while others say it saves them time and stress.

Let's add cruising, vacations, and unnecessary private jets to outings to maintain an image, while people are owed millions.

Lawsuits are expensive but unnecessary when business is conducted properly.The item a lot of new investors miss, is the history of how that particular type of creative financing has been viewed and litigated locally.

It's extremely tedious and unnecessary, but it's the only way to transfer bookings. 

Not because the IRS requires it, but because it makes audit conversations a lot cleaner and avoids unnecessary back-and-forth.And don't forget, to actually take advantage of STR tax treatment you'll need to materially participate by the end of the year by putting in 100+ hours and more than anyone else.

While a separate checking/savings/dba acct may make things easier to track, an LLC is unnecessary at this point.   

But it's NOT an incentive for applicants to pick us, most tenants don’t even recognize what I’m providing, much less care… Eventually I just may cut that out too as I think the whole thing is just unnecessary.  

@Ryan Coon buying in your name and transferring to an LLC adds unnecessary costs.

Educated owners make for smoother partnerships, while misunderstandings (or skipped contract details) create unnecessary tension.Thanks for being transparent about these challenges.

That does seem like you're just adding unnecessary vacancy time.Even just putting up a “coming soon” post or pre-marketing it a couple weeks out can help generate interest and get things moving faster once it's ready.